Assistant Manager - Underwriting (Property)

Transguard Group was established in 2001 and has diversified significantly, we lead in the fields of Cash Services, Security Services, Manpower Services, Facilities Management & Aviation. Transguard Group is the UAE’s most trusted business support and outsourcing provider and has a large, dynamic, and culturally diverse workforce with 50,000 employees! We are currently recruiting for an Assistant Manager - Underwriting (Property) to be based out of their office in Abu Dhabi.

Purpose-

The job holder is responsible to develop book of Property business in the UAE.

Responsibility-

• Assists Manager in preparation of department’s annual budgets in line with overall services function’s budget and monitors financial performance versus the budget so that the business is aware of anticipated costs /revenues.
• Follows all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.
• Conducts Risk analysis as and when required
  Renews and accept new business as per U/W guidelines as per Authority Matrix.
• Verifies and crosses check policies (over a defined limit) prepared by Operations before sending to
  client.
• Ensures confirmation from reinsurers before confirming any commitments to clients.
• Contributes in achieving the department’s target.
• Ensures Quality of service, Ensures Retention of renewals and Ensures Maintenance of Customer Profile
  Performs Risk Surveys and suggest Risk Improvement recommendations.
• Handling major clients and R/I placements.
• Analyzing policy wordings, Meeting brokers and clients, Negotiating renewals with clients/ brokers.
  and converting new business.

• 7 to 9 years of relevant experience.
• Certificate in Insurance (CII), Associate in Risk Management (ARM), Associate or Diploma in Charted Insurance Institute (Dip CII or ACII) or Associate in Insurance Services (AIS) or Associate in Commercial Underwriting (AU)or Fellow Insurance Institute of India (FIII).